COMBINED DEVELOPMENT PERMIT CONSISTING OF: 1) A COASTAL DEVELOPMENT PERMIT FOR A LOT LINE ADJUSTMENT BETWEEN TWO LEGAL LOTS OF RECORD (THE RESULTANT LOT SIZE FOR ASSESSOR'S PARCEL NUMBER 418-161-002-000 WILL BE REDUCED FROM 40.87 ACRES TO 40.10 ACRES AND THE RESULTANT LOT SIZE FOR ASSESSOR'S PARCEL NUMBER 418-161-003-000 WILL BE INCREASED FROM 15.01 ACRES TO 15.70); 2) A COASTAL ADMINISTRATIVE PERMIT FOR A NEW WELL ON ASSESSOR'S PARCEL NUMBER 418-161-002-000; AND 3) A COASTAL ADMINISTRATIVE PERMIT FOR A NEW WELL ON ASSESSOR'S PARCEL NUMBER 418-161-003-000. THE PROPERTIES ARE LOCATED AT 38747 & 38749 PALO COLORADO ROAD, CARMEL, BIG SUR LAND USE PLAN AREA, COASTAL ZONE.